Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section 2.6, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor’s liabilities under this Agreement, whether or not known to it or the Credit Union or consented to by it or the Credit Union.
Appears in 4 contracts
Samples: Security Agreement, Security Agreement, Security Agreement
Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section 2.6Section, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor’s liabilities under this Agreement, whether or not known to it or the Credit Union Lender or consented to by it or the Credit UnionLender.
Appears in 3 contracts
Samples: General Security Agreement (Yappn Corp.), General Security Agreement (Yappn Corp.), Loan Agreement (Enerkem Inc.)
Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section 2.6Section, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor’s 's liabilities under this Agreement, whether or not known to it or the Credit Union or consented to by it or the Credit Union.
Appears in 2 contracts
Samples: Security Agreement, General Security Agreement
Liabilities Unconditional. The liabilities of the Obligor under this Agreement are absolute and unconditional, and will not be affected by any act, omission, matter or thing that, but for this Section 2.6Section, would reduce, release or prejudice any of its liabilities under this Agreement, or that might constitute a legal or equitable defence to or a discharge, limitation or reduction of the Obligor’s 's liabilities under this Agreement, whether or not known to it or the Credit Union Secured Parties or consented to by it or the Credit Union.Secured Parties. VAN01: 4294282: v2
Appears in 1 contract
Samples: General Security Agreement (Schnitzer Steel Industries Inc)
